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Studies show that today's youth would like to know how to save and manage their money more effectively, but most are not getting the information they need at home or at school.

Here are a few quick facts:

• Teens spent $179 billion in the United
   States in 2006.
• The typical American teen spends up to
   $104 a week.
• Only 26% of teens saved most of the
   money they earned or received.
• As little as 10 hours of personal
   financial education can help students
   significantly improve their saving and
   spending habits.
• The typical college senior has four to
   six credit cards.
• Graduating college students have an
   average credit card debt of $4,776.

musicstream LIVE brings financial education to the teen and young adult market.



Sources: Nellie Mae, International Communications Research, National Endowment for Financial Education, Teenage Research Unlimited.

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